iClick Interactive Embraces New Era with Approved Merger

In a significant move, iClick Interactive Asia Group Limited has approved a merger which will ultimately lead to a substantial transformation in the company’s operation. Here’s everything you need to know about the decision and what lies ahead.

iClick Interactive Approves Merger Agreement

iClick Interactive has confirmed that a majority of its shareholders, nearly 54.97%, have endorsed the merger agreement at the extraordinary general meeting (EGM). The agreement secured a whopping 99.77% of votes in its favor. The shareholders, possessing either Class A or Class B shares, participated in this decision-making process.

Impact of the Merger on iClick’s Future

Post-merger, iClick Interactive is set to transition into a privately-held company. This significant change implies that the firm’s American Depository Shares (ADSs) will cease to be listed or traded on any stock exchange, including the NASDAQ Global Market. Also, the company’s ADS program will face termination once the merger completes, therefore marking a new phase in iClick’s operational journey.

About iClick Interactive: A Marketing Powerhouse in China

Founded in 2009, iClick Interactive is a leading enterprise and marketing cloud platform in China. With its mission of empowering global brands to tap into the vast potential of smart retail, iClick Interactive offers a full suite of data-driven solutions driven by top-end proprietary technologies. The company’s innovative approach has helped brands drive significant business growth and profitability.

In conclusion, the merger of iClick Interactive heralds a new era for the digital marketing firm. As the company delves into the private sector, it’s bound to shape a different narrative for its journey. In addition, the landmark decision reinforces iClick Interactive’s commitment to sustaining innovation in the industry. The future looks bright for this technology and marketing powerhouse in Asia.

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Alex is a seasoned editor and writer with a deep passion for technology and startups. With a background in journalism, content creation, and business development, Alex brings a wealth of experience and a unique perspective to the ever-changing world of innovation. As the lead editor at Startup World, Alex is committed to discovering the hidden gems in the startup ecosystem and sharing these exciting stories with a growing community of enthusiasts, entrepreneurs, and investors. Always eager to learn and stay updated on the latest trends, Alex frequently attends industry events and engages with thought leaders to ensure Startup World remains at the forefront of startup news and insights. Alex's dedication and expertise help create an engaging platform that fosters knowledge-sharing, inspiration, and collaboration among tech-savvy readers worldwide.

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